Airline

JetBlue details CARES aid package and draws down $550 million credit facility 

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JetBlue details CARES aid package and draws down $550 million credit facility 

JetBlue Airways Corporation has completed negotiations with the US treasury over the carrier’s $936 million CARES aid package. As a result on April 23 the US  Treasury disbursed the full amount to JetBlue as part of a Payroll Support Payment (PSP)programme of the CARES ACT. The $936million inclu...

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